Posts Categorized: Small Business Ideas

12.7 Notice. Except as otherwise expressly stated in this Agreement, all notices to PayPal shall be in writing and delivered, via courier or certified or registered mail, to PayPal Pte Ltd, Attention: Compliance Officer, 5 Temasek Boulevard, #09-01/ 02/ 03 Suntec Tower 5, Singapore 038985, or any other address provided by PayPal. All notices to you shall be delivered to … Continue reading →

Pari-passu is a Latin phrase meaning “equal footing” that describes situations where two or more assets, securities, creditors, or obligations are equally managed without preference. An example of pari-passu occurs during bankruptcy proceedings: When the court reaches a verdict, the court regards all creditors equally, and the trustee will repay them the same fractional amount as other creditors and at … Continue reading →

Thinking about leasing a car? These tips will help you compare lease offers and get a lease that best fits your budget and your needs. This insurance helps you cover the total amount owed on your loan, over and above your insurance coverage, if a car you have leased is stolen or totaled in an accident. Security Deposit. An amount … Continue reading →

The costs involved in vendor financing will vary depending on the agreement made. Most involve paying a deposit to the vendor, followed by interest that will be added to regular repayments of the total borrowed amount. Vendors lending large amounts of money will usually want some form of financial reward for the risk they are taking, so interest rates for … Continue reading →

The VAT and Excise Tax treaties formed under the GCC VAT agreement means the basis for each countrys individual VAT and Excise Tax mechanism. Each member country is to issue its own national legislation for VAT using the commonly agreed principles as guidelines. There is also some considerable flexibility given to countries on the treatment of some other important sectors … Continue reading →

Contract of mandate is a civil-law agreement regulated by the Civil Code. The mandatary assumes the obligation to perform a definite act in law for the mandator. In general, both contracts involve a benefit to a beneficiary as a rule within the work program. Both the individual labor contract and the mandate contract have a common feature, that is, the … Continue reading →

The use of one or more credit support documents is optional, but is common in masteragrements for OTC derivatives transactions. Credit support documents are added when the parties wish to provide for the exchange of security when the risk (in the derivatives covered by the credit support document) of part of the other party exceeds an agreed amount. Credit support … Continue reading →

RBCs power purchased from the solar farms will contribute directly to two key targets of the RBC Climate Blueprint: reduce absolute greenhouse gas emissions from its operations by 70 per cent by 2025 and increase sourcing of renewable and non-emitting electricity to 100 per cent by 2025. The RBC Climate Blueprint is the banks enterprise climate change strategy to accelerate … Continue reading →

There is no penalty for contractors or design professionals for not including this in your construction contract. This is merely required to inform the owner of their rights when faced with defective work, as opposed to a penalty. When drafting contracts, prime contractors need to include the Florida mechanics lien notice as required Fla. Stat. 713.015. This notice explains that, … Continue reading →

In addition, some leases may contain clauses whereby the tenant is required to pay “re-rental fees” to cover part of the cost of the landlord having to re-rent the premises. However, the amount of the “re-rental fee” has to be reasonable and must be an estimate of the damages that the landlord will suffer if they have to re-rent the … Continue reading →